Compliance

In dismissing the case a federal judge said, “ERISA does not require clairvoyance on the part of plan fiduciaries” and that the plaintiffs “come nowhere close to alleging...

“We think there will be cost savings from e-delivery and that these cost savings will be passed on to individual consumers,” says Chris Spence of TIAA. “There is...

The defendants’ motion for summary judgment has been granted in part and denied in part, meaning parts of the long-running case may proceed to trial.

The complaint strongly points to revenue sharing payments between the plan and its recordkeepers and investment adviser, and says the plaintiff expects more excess to be revealed in...

The plaintiffs say the plan’s terms reduce benefits using “Early Retirement Factors” and “Joint and Survivor Annuity Factors” which result in plan participants receiving less than the actuarial...

Based on the conversations industry advocates are having in Washington, none of the leadership in the Senate or the House opposes passage of the SECURE Act.

With New York being an influencer, some say it will prompt other states to do the same.

Revenue Procedure 2019-39 also provides a limited extension of the initial remedial amendment period for certain form defects.

Starting today, association retirement plans can be offered by groups of employers in a city, county, state, or a multi-state metropolitan area, or in a particular industry nationwide.

The agency will consider payments prior to plan terminations when calculating benefits, and it proposed to change its assumptions for determining lump-sum payments, which means a change for...

The decision agrees with the defense argument that the plaintiffs have failed to plausibly allege a violation of ERISA’s anti-forfeiture provision, because the provision applies only to “normal...

Starting in January 2020, employers will be able to use individual coverage HRAs to provide their workers with tax-preferred funds to pay for the cost of health insurance...

While the decision voices some concern about the Invesco plan's operations, the summary judgement ruling concludes plaintiffs have not sufficiently alleged that fiduciary breaches likely occurred.

The new Labor Secretary is known for his previous work at the Department of Labor and for a successful litigation practice focused on deregulatory issues.

While a court has ruled the plan’s advisers should be carved out of the litigation, the counts against Home Depot fiduciaries will proceed.

The question before the court is: May an ERISA plan participant or beneficiary seek disgorgement of unreasonable profits derived from a plan contract from a non-fiduciary party in...

The plaintiff was proposing a defendant class of all sponsors of smaller 401(k) plans that entered into program agreements with Nationwide through its Retirement Flexible Advantage Retirement Plans...

In 2014, President Barack Obama signed into law major changes to Section 4062(e), which requires companies with defined benefit (DB) plans to report to the PBGC when they...

Michael A. Webb, with Cammack Retirement Group, says there are no substantive changes from the proposed regulations, but he points out certain items in the final regulations plan...